Notable Analyst Rating Changes 7/14: BK, UL, VMW, CNK, NILE Upgraded; MNKD, MAS, BKC, VOD Downgraded
UPGRADES:
Bank of America upgrades Bank of New York Mellon (NYSE: BK) from Neutral to Buy. Price target raised $4 to $36.
J.P. Morgan upgrades Unilever (NYSE: UL) from Neutral to Overweight.
Jefferies & Co upgrades VMware (NYSE: VMW) from Underperform to Hold.
Lazard Capital upgrades Cinemark (NYSE: CNK) to Buy. Price target $13.
Citigroup upgrades Blue Nile (Nasdaq: NILE) from Hold to Buy and maintains their $50 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Leerink Swann downgrades MannKind (Nasdaq: MNKD) from Market Perform to Underperform and a $5/share valuation. Click here for more color on the downgrade.
JP Morgan downgrades Masco (NYSE: MAS) from Overweight to Underweight and lowers its downside price target to $6.50 from $7.50.
Bank of America downgrades Burger King (NYSE: BKC) from Buy to Neutral and lowers their price target to $19 from $22.
UBS downgrades Vodafone (NYSE: VOD) from Buy to Neutral with a short-term sell rating. The firm said deteriorating fundamentals and earnings momentum makes VOD a value trap.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
KeyBanc initiates coverage on Gap, Inc. (NYSE: GPS) with a Hold rating. Click here for more color on the coverage.
Leerink Swann resumes coverage on Biogen IDEC (Nasdaq: BIIB) with an Outperform rating. $55/share valuation. Here is the full report.
Morgan Stanley initiates coverage on SYSCO (NYSE: SYY) with an Equalweight rating.
Merriman Curhan Ford initiates coverage on Fairchild Semiconductor International Inc. (NYSE: FCS) with a Buy rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
Related Categories
Special ReportsStocks Mentioned
Related Entities
- UBS
- JPMorgan
- Citi
- KeyBanc
- Morgan Stanley
- Jefferies & Co
- Banc of America
- Lazard
- Merriman Curhan Ford
- Notable Analyst Rating Changes
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